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Dec 24, 2012
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jeff: exactly. i took off out of here one time and i swear we got so low that i could see what people were watching on tv in their house. it was scary. lori: do they want to just get the revenue churning as soon as possible. jeff: they have just recently expanded the airport. they would use this money to pay down some of that debt. it could be a good thing. david: if a man or keeps his promise -- jeff: he is pretty friendly. not so bad. david: jeff flock, good to see you. my compliments to lori. people in china blowing off some steam with a pillow fight. this is them just getting ready for a. we will show you what it looked like what the annual event really got going. keep it right here on fox business. ♪ people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save yo
jeff: exactly. i took off out of here one time and i swear we got so low that i could see what people were watching on tv in their house. it was scary. lori: do they want to just get the revenue churning as soon as possible. jeff: they have just recently expanded the airport. they would use this money to pay down some of that debt. it could be a good thing. david: if a man or keeps his promise -- jeff: he is pretty friendly. not so bad. david: jeff flock, good to see you. my compliments to...
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Dec 11, 2012
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. >> rose: jeff immelt for the hour. next. >> rose: general electric is the nation's largest industrial company. it employs over 300,000 people around the world. it makes everything from aircraft engines to power plant turbines to medical imaging equipment. the company has evolved over the last decade over jeff immeant's watch. he has led a global expansion and shed once treasured businesses such as plastics and insurance. in 2011, president obama named him to lead the council on jobs and competitiveness. last month, the country created 146,000 jobs, exceeding expectations in the wake of hurricane sandy. further progress will be tested as the fiscal cliff deadline approaches without a deal inside yet. i'm very pleased to have jeff immelt back on this program. welcome >> charlie, thanks, good to be back with you. >> rose: we've talked many times about g.e. since you took over, i think once since -- just after 2001. where is the company today in terms of where do you want it to be and where do you want it to be in the next
. >> rose: jeff immelt for the hour. next. >> rose: general electric is the nation's largest industrial company. it employs over 300,000 people around the world. it makes everything from aircraft engines to power plant turbines to medical imaging equipment. the company has evolved over the last decade over jeff immeant's watch. he has led a global expansion and shed once treasured businesses such as plastics and insurance. in 2011, president obama named him to lead the council on...
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Dec 2, 2012
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jeff, why is it that the crisis seems to be heating up? you point out that the congo that the government's army is losing battle after battle. being routed in battle after battle by the rebels. >> i think this is really an issue of state failure. i've been covering congo for six years and i've seen the country get weaker and weaker since i began. there was a big election in 2006 that created a lot of hope and enthusiasm that things were turning around. they haven't. since then, the government has become more authoritarian, more corrupt, more rebel groups. what we are seeing is a symptom and cause. it's a symptom of this weak state that can't control its own territory. watch the couple hundred rebels march into the big es city in the country and they didn't do much about it. that's also a cause. now that the rebels have taken goma, a lot of other opposition groups are starting to think wait, maybe now is the time to really take on the government, and people are smelling blood in the water, and that's the worry that these rebels in eastern c
jeff, why is it that the crisis seems to be heating up? you point out that the congo that the government's army is losing battle after battle. being routed in battle after battle by the rebels. >> i think this is really an issue of state failure. i've been covering congo for six years and i've seen the country get weaker and weaker since i began. there was a big election in 2006 that created a lot of hope and enthusiasm that things were turning around. they haven't. since then, the...
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Dec 27, 2012
12/12
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with us cnbc's jeff cox and kathy jones from charles schwab. waiting to see what the ten-year note is doing. it's come back sharply now with the buying of stocks here. i mean, there is this either/or going on right now, safety vers versus risks, right? >> doing this all year long, news about the economy or settlement of the fiscal cliff issue, the bond market sells off a little bit and the market rallies. here we are again. hope springs eternal. >> let's say we get a deal in the near term, some sort of a framework deal. does that mean we'll see rates on the treasury yield curve rise appreciably, in other words, we'll sell off on the bond market. >> the initial reaction will be relief and risk assets, selloff in treasuries, and keep in mind any deal that we get is probably going to mean more austerity, not less, higher taxes and less spending in 2013 and 2014, and ultimately that's good for the bond market. it's not a bad thing for the bond market. >> do you agree, jeff cox? >> i agree with the notion that, of course, we're at mercy of the fisca
with us cnbc's jeff cox and kathy jones from charles schwab. waiting to see what the ten-year note is doing. it's come back sharply now with the buying of stocks here. i mean, there is this either/or going on right now, safety vers versus risks, right? >> doing this all year long, news about the economy or settlement of the fiscal cliff issue, the bond market sells off a little bit and the market rallies. here we are again. hope springs eternal. >> let's say we get a deal in the...
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Dec 1, 2012
12/12
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i'm jeff ranieri in the nbc bay area weather center. some unreal pictures today and also videos we just saw with this latest blast of wet weather now pushing to the south. we're tracking a weekend storm. here's some good news, though. in los gatos, looks like for the fwh 56th annual children's parade for saturday, the heaviest rain holds off but expect showers and wind and temps in the 60s. i'll have details on the next strong storm coming up. >>> also ahead, it will certainly be a happy holiday. one family strikes it rich after winning the powerball jackpot. but tonight an air of mystery over the other winner. we'll explain. >>> plus -- >> reporter: i'm scott budman. it's movember as in grow a mustache in november for charity. coming up, we take you inside a company that grew it all month and then took it all off. >> announcer: the nbc bay area ipad app, get breaking news, weather reports and video of the day's big stories. download the app now. oh, you have a keurig vue brewer? oh, it's great! now i can brew my coffee just the way i l
i'm jeff ranieri in the nbc bay area weather center. some unreal pictures today and also videos we just saw with this latest blast of wet weather now pushing to the south. we're tracking a weekend storm. here's some good news, though. in los gatos, looks like for the fwh 56th annual children's parade for saturday, the heaviest rain holds off but expect showers and wind and temps in the 60s. i'll have details on the next strong storm coming up. >>> also ahead, it will certainly be a...
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Dec 15, 2012
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. >> jeff? >> well, the reporters were not trained to work with people who have been through trauma and yes, we want the kids to talk about it as quickly as possible which is part of the debriefing, that trained police officers and mental health experts are doing but you can actually retraumatize the child if you are not asking the proper questions, so perhaps we need to pull back on that a little bit. >> it is interesting because the debate that emerged around us for us is on the one hand as you say, what feels wrong or what we may know is potentially re-traumatizing, but on the other hand not wanting to sanitize something this horrible, because in part, because this is, this is disgustingly horrible and if we make it just sort of the tears of adults then we miss what has happen happened here. >> i think that we have counter vailing values here. so that the press has a duty to get in there and try to figure out what happened. the police have a duty, and that doesn't always mean releasing everyt
. >> jeff? >> well, the reporters were not trained to work with people who have been through trauma and yes, we want the kids to talk about it as quickly as possible which is part of the debriefing, that trained police officers and mental health experts are doing but you can actually retraumatize the child if you are not asking the proper questions, so perhaps we need to pull back on that a little bit. >> it is interesting because the debate that emerged around us for us is on...
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Dec 19, 2012
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jeff, great to talk with you. >> thank you. >> thank you for your time today. jeff jordan. >>> after the break, my observation on why we don't have a deal in washington yet and how we might be able to get there. stay with us. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to yo
jeff, great to talk with you. >> thank you. >> thank you for your time today. jeff jordan. >>> after the break, my observation on why we don't have a deal in washington yet and how we might be able to get there. stay with us. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever...
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Dec 28, 2012
12/12
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jeff. >> thank you. it leads you to wonder. there's no indication that progress is being made behind the scenes. >> you'd like to hope. >> one would hope, right. >>> the atlanta braves haven't used their screaming indian logo since the reagan years, but the controversial logo will be brought back next season as part of the team's new batting practice hats. they started using the screaming indian in 1984. they stopped because of the fwraups offended of that on sports uniforms. >>> experts say that more than half the ones available now are fake. elvis presley tops this year's list of the most forged celebrity signatures. last time we checked he hadn't signed a signature in a while. he's followed by the beatles, first man on the moon, armstrong, and people are still forge kennedy's autograph. >> there's no faking this. here are the most annoying words of 2012. this one, jeff? >> amazing? would that be in there? >> we'll see. for the fourth year, whatever is the most annoying phrase. like, in humber two on the list. followed by, yo
jeff. >> thank you. it leads you to wonder. there's no indication that progress is being made behind the scenes. >> you'd like to hope. >> one would hope, right. >>> the atlanta braves haven't used their screaming indian logo since the reagan years, but the controversial logo will be brought back next season as part of the team's new batting practice hats. they started using the screaming indian in 1984. they stopped because of the fwraups offended of that on sports...
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we find jeff flock with more. jeff: and extraordinarily difficult situation here. live pictures from the mississippi. we are on 24 barges and tow. this is the guy who runs this. extraordinary low levels. >> yes. this is the lowest levels we have seen in years. we are approaching record lows we have never seen. jeff: it is not enough to raise the levels, the rain we are seeing right now. >> it is pretty amazing what you can see at these low river stages. it is really amazing how low the water is. jeff: they have had to reduce the amount of cargo that they can ship. it is actually a fertilizer that in this middle part. the outside is actually empty barges to go upriver to bring grain back down. >> correct. jeff: how much of an impact puts back this is fertilizer for spring planting. >> salt for the roads we drive on to keep us safe. jeff: this is almost on navigable. >> if we don't get anything done, we will be off this river. jeff: they are asking the obama administration to blow up some rock formations that are now blocking areas of the river. it is a difficult sit
we find jeff flock with more. jeff: and extraordinarily difficult situation here. live pictures from the mississippi. we are on 24 barges and tow. this is the guy who runs this. extraordinary low levels. >> yes. this is the lowest levels we have seen in years. we are approaching record lows we have never seen. jeff: it is not enough to raise the levels, the rain we are seeing right now. >> it is pretty amazing what you can see at these low river stages. it is really amazing how low...
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liz: jeff is live from the mississippi river to show us the unbelievable situation there. jeff? >> you are looking at stuff, liz, and dave, that you have not seen, rocks not seen in decades. they call those rock pinnacles. look at this. there are no beaches on the mississippi river. well, now, there are beaches. this is normally underwater. the water level is up there. look at what the formations are doing? they are cracking in the sand. it's that draw because of the draught. the scene on the mighty mississippi, not right now, earlier today, we spent the day on a tow looking at a load of forget laser coming north, so low, they have to reduce the amount of of the barges. we talked to -- tell you, look at the companies affected. companies like monsanto, dow, fertilizers, adm who ships grain. a man who runs a shipping companies along the mississippi who says right now these water levels are killing them. >> efficiencies drawing down in the low river stages, less amount of barges per boat taking more barges and boats to move the same amount of ton. >> it is a difficult situation, an
liz: jeff is live from the mississippi river to show us the unbelievable situation there. jeff? >> you are looking at stuff, liz, and dave, that you have not seen, rocks not seen in decades. they call those rock pinnacles. look at this. there are no beaches on the mississippi river. well, now, there are beaches. this is normally underwater. the water level is up there. look at what the formations are doing? they are cracking in the sand. it's that draw because of the draught. the scene on...
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Dec 12, 2012
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how about jeff in illinois? >> happy holidays jim. thank you for taking my call. i have been whistling through the wheat field in the agriculture sector. >> those are both good companies. right now i prefer monsanto a little bit. but those are biotech companies that are seed companies. i'm not done. i'm going to phillip in arizona. >> hi jim, what do you think of alcoa at this point? >> it is a growth stock trapped in the commodity. it is going to have to wait. let's go to patricia in hawaii. >> yes, i'm here. booyah from hawaii. what's going on with yelp, i bought it at $21 and it's been down? >> hold on to it. i think it is worth more. don't sell yelp. let's go to stewart in new york. >> how you doing? i love you like the giants and i have a winner for you for next year. >> well, um okay. it is okay. frankly, i prefer others to it. um, for instance, i would even prefer chesapeake to it right now. and that says a lot. i was going to do my stafford imitation. it gets better. here take this. it is the conclusion of the lightning round. coming up, a world away. yum
how about jeff in illinois? >> happy holidays jim. thank you for taking my call. i have been whistling through the wheat field in the agriculture sector. >> those are both good companies. right now i prefer monsanto a little bit. but those are biotech companies that are seed companies. i'm not done. i'm going to phillip in arizona. >> hi jim, what do you think of alcoa at this point? >> it is a growth stock trapped in the commodity. it is going to have to wait. let's go...
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Dec 5, 2012
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jeff joins us to explain about that. plus, we have bob from jones day who specializes in wall street deal making. jeff, it is ammo on wall street to do things behind closed doors. you don't want word to get out on the negotiations. it gets too messy. >> right. i wouldn't advocate for a lot of people to do what wall street does. one thing you can say is they've helped facilitate thousands of mna deals this year. they've figured something out with these transactions. the deals that are most successful have the better chance of success are the ones that you negotiate behind closed doors, not the ones that turn into hostile battles and spill out into public, which is what we're seeing noup. >> i understand that, but at the same time, what wh are we going to have a deal already? people are so frustrated by this. we've had 13 months to think about. now we're down to 26 days. bob, can you really make a deal on the fiscal cliff when the negotiation is out in public? do you think we'll get a deal done? that's what everybody wants
jeff joins us to explain about that. plus, we have bob from jones day who specializes in wall street deal making. jeff, it is ammo on wall street to do things behind closed doors. you don't want word to get out on the negotiations. it gets too messy. >> right. i wouldn't advocate for a lot of people to do what wall street does. one thing you can say is they've helped facilitate thousands of mna deals this year. they've figured something out with these transactions. the deals that are most...
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Dec 4, 2012
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now, back to jeff. >> brown: how tough is too tough when it comes to sports and brain injuries? it's an issue we've followed over a number of years. today there was new data to chew on. week after week the big hits keep attracting big audiences to professional and college football. but concerns over head injuries in football and other sports have also continued. the connection between repeated blows and a degenerative brain disease known as c.t.e. the latest evidence comes from a new report from boston university that's been published in the scientific journal brain. the four-year study examined brain autopsies of 85 male donors ranging from age 17 to 98 which included football players at various levels, boxers, hockey players and a group of veterans. they've found evidence of c.t.e. in 68 cases, almost all of them athletes. football players included linemen, running backs and tighteneds who had received repeated hits throughout their careers. one was the late john macky pfid with his wife sylvia in 2009 by ray suarez. >> suarez: in the good days how is it different from what we
now, back to jeff. >> brown: how tough is too tough when it comes to sports and brain injuries? it's an issue we've followed over a number of years. today there was new data to chew on. week after week the big hits keep attracting big audiences to professional and college football. but concerns over head injuries in football and other sports have also continued. the connection between repeated blows and a degenerative brain disease known as c.t.e. the latest evidence comes from a new...
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Dec 13, 2012
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we will go to jeff flock for that. jeff. jeff: as we speak, gm executives, that is who you are looking at right now, they are talking about the new chevy silverado. if you look at the pictures of this, there was a huge explosion as a new chevy silverado pickup was unveiled to the public. it is the number one selling vehicle for gm. this is where this thing went off. they set off an explosion down here. they are hoping for and explosion of sales. we talked to the president, for gm and he said even if we go off of it gm can still make money. we can flex and make a lot of money at fiscal cliff levels. we do not think that we need to. jeff: what do you do immediately >> we take a look at different car lines. we look at where the strength is and could be. then we look at the pent up demand. jeff: this is the silverado. they already have some kind of inventory. mark reuss said they have increased incentives. they are selling pickups. if we do not go off the cliff, they are extremely well-positioned. connell: jeff, thank you, as al
we will go to jeff flock for that. jeff. jeff: as we speak, gm executives, that is who you are looking at right now, they are talking about the new chevy silverado. if you look at the pictures of this, there was a huge explosion as a new chevy silverado pickup was unveiled to the public. it is the number one selling vehicle for gm. this is where this thing went off. they set off an explosion down here. they are hoping for and explosion of sales. we talked to the president, for gm and he said...
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Dec 12, 2012
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jeff zellany of the "new york times." nina easton of fortune magazine and syndicated columnist charles krauthammer. north korea conducted four multiple stage missile tests before and all four failed. nina how significant that the regime successfully launched long range missile. how much more of a threat does it make north korea >> tremendous threat. you think about, exactly almost ten years ago that george w. bush declared north korea part of the axis of evil. since then they have been steadily progressing in fairness under both administration toward having a nuclear capability that threaten even the shore of the united states. so now we have a rocket, that can launch a satellite, lon long-term. across okinawa to water of the philippines. not a big step from that to go to a long range missile with a nuclear warhead on it. that is clearly where they are heading. a big channel right now for u.n. ambassador susan rice in particular. but also president obama. because the action will be at the u.n. are you going to get tougher
jeff zellany of the "new york times." nina easton of fortune magazine and syndicated columnist charles krauthammer. north korea conducted four multiple stage missile tests before and all four failed. nina how significant that the regime successfully launched long range missile. how much more of a threat does it make north korea >> tremendous threat. you think about, exactly almost ten years ago that george w. bush declared north korea part of the axis of evil. since then they...
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Dec 31, 2012
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jeff flock has more. jeff: take a look at this customer care service center. the calls are beginning to come in. there is, at this point, no deal. at this point, no guidance. >> we are following the irs guidelines. from the social security perspective, we are increasing the taxes by 2%. jeff: there was a social security tax holiday for employees. they were paying at 6.2%. >> for two years they have been paying at 4.2 and now it will go back up to 6.2. jeff: is there anyway, based on what you know, is there any way your employees can react quickly enough to get that in place by this friday's paycheck? >> it all depends on the nature of the deal. it is possible. it depends on how complicated the deal is. it can be quite a bit. you have a 2% increase that will affect everybody. on the lower brackets, they are scheduled to go to 15%. jeff: at this point, though, dagen, they will stick with the 2012 until they hear something else from the irs. that all depends on what happens in washington. dagen: that payroll tax will probably go away. thank you again. jeff flock
jeff flock has more. jeff: take a look at this customer care service center. the calls are beginning to come in. there is, at this point, no deal. at this point, no guidance. >> we are following the irs guidelines. from the social security perspective, we are increasing the taxes by 2%. jeff: there was a social security tax holiday for employees. they were paying at 6.2%. >> for two years they have been paying at 4.2 and now it will go back up to 6.2. jeff: is there anyway, based on...
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Dec 27, 2012
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jeff in the cold. thank you jeff. thank you very much. did you end up with coal in your stocking this year? we had to use that line. coal stocks have taaen a tumble in recent times as we know, but they could be poised for a comeback in 2013. mike duda, senior research analyst is joining me now -- mike dudas senior research analyst is joining me now to talk coal. the industry as a whole has been taken a beating. maybe this cold weather is helping, we will get into that, but why do you like some of these coal stocks for 2013? >> the stocks have had a really difficult time, but the stocks have been bottoming trying to make higher lows and higher highs and starting to discount i believe some better fundamentals in the industry. two major drivers for 2013, one the pricing and direction of natural gas in united states and secondly which could be more important the recovery in china for industrial production steel consumption and that would help. ashley: nat gas was so cheap it was ridiculous and actually killed coal but those prices have come u
jeff in the cold. thank you jeff. thank you very much. did you end up with coal in your stocking this year? we had to use that line. coal stocks have taaen a tumble in recent times as we know, but they could be poised for a comeback in 2013. mike duda, senior research analyst is joining me now -- mike dudas senior research analyst is joining me now to talk coal. the industry as a whole has been taken a beating. maybe this cold weather is helping, we will get into that, but why do you like some...
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Dec 19, 2012
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jeff: wall street seems to like that. stock has done pretty well, taking strong steps to make sure if we do go over the cliff they don't kill all the way to the bottom with it. companies all over america doing the same sort of thing. tracy: i don't think he is gone. i would forsake the vacation for the generator and lawnmower. jeff flock in wisconsin. >> need a lot of juice, girl. ashley: john boehner making the brief, short and sweet statement on the fiscal cliff, get serious soon, gerri wiln both plans and tells us why neither one will be the solution anyway. tracy: but first let's take a look at today's winners and losers as we head to break. look at this, on the s&p 500, the big winner up 4% and oracle, we will be right back. tracy: we got to get a check of the markets every 15 minutes. lauren simonetti on the floor of what the exchange. we are selling off all. >> we were watching or i was watching the markets of hole 56 seconds john boehner was speaking and we did move lower, now down 37 points to the dow for the nas
jeff: wall street seems to like that. stock has done pretty well, taking strong steps to make sure if we do go over the cliff they don't kill all the way to the bottom with it. companies all over america doing the same sort of thing. tracy: i don't think he is gone. i would forsake the vacation for the generator and lawnmower. jeff flock in wisconsin. >> need a lot of juice, girl. ashley: john boehner making the brief, short and sweet statement on the fiscal cliff, get serious soon, gerri...
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Dec 13, 2012
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republican jeff sessions comes out front tonight. >>> also, how far is too far when you're interviewing someone on a sensitive topic? barbara walters asks governor chris christie if he is too fat for the job of president. john avalon's going to weigh in on this one with a little bit of historical perspective. >>> also, a new twist in the very bizarre story about john mcafee. the internet tycoon has now left guatemala. police want to question him about a murder in belize, but that is not where he's headed. details, next. [ woman ] dear cat, your hair mixes with pollen and dust. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. [ male announcer ] zyrtec-d®. behind the pharmacy counter. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into
republican jeff sessions comes out front tonight. >>> also, how far is too far when you're interviewing someone on a sensitive topic? barbara walters asks governor chris christie if he is too fat for the job of president. john avalon's going to weigh in on this one with a little bit of historical perspective. >>> also, a new twist in the very bizarre story about john mcafee. the internet tycoon has now left guatemala. police want to question him about a murder in belize, but...
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Dec 20, 2012
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here is jeff flock with more on that. jeff: good news on the drought front. that is exactly what they need is that kind of moisture. take a look at the pictures. we have been worried here. i am in the oke. right now. >> it really helps the wheat market. we will expect to have a better crop. jeff: and helps with the situation on the mississippi river. you can get shipments up and down. >> all of that really plays into it. jeff: you said this market is pretty thin right now. >> a lot of money on the sidelines with what is happening in washington, d.c. the fiscal cliff has everyone worried. jeff: virginia, always appreciate your insight. thank you. a lot of people talking today. also, about the merger. even though it is competition here, it also is an acknowledgment. they must have been doing something right here in chicago all along. connell: every time you think about futures and trading floors and what it means for human beings, yes, it is a big story. jeff flock, thank you. as we continue, the other big things comes out of washington. there is still plenty g
here is jeff flock with more on that. jeff: good news on the drought front. that is exactly what they need is that kind of moisture. take a look at the pictures. we have been worried here. i am in the oke. right now. >> it really helps the wheat market. we will expect to have a better crop. jeff: and helps with the situation on the mississippi river. you can get shipments up and down. >> all of that really plays into it. jeff: you said this market is pretty thin right now. >>...
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but the goal states generosity is now being met with increasingly high levels of suspicion alexia's jeff ski's got the story for us. france is already no stranger to qatari dollars fans of parisian football club present your man cannot believe their luck ever since middle east and shakes invested into the team they've bought world class players and hired a top coach now this small business owner hopes he can also have a slice of the pie and huge economic crisis financing from governments are. too big to be obtained talking about cuts or we are talking about business we don't have any finance so we have the financing of financially and. with them. we can go ahead and that may soon happen nicolas sarkozy's administration cemented ties with doha placing a military base in the gulf state and signing an investment deal now guitarist invest fifty million euros into the french economy primarily to help small businesses and rebuild parisian slums mostly inhabited by immigrants from arabic and african states. who oversaw the deal says this will help many the songis maybe. that will help these you
but the goal states generosity is now being met with increasingly high levels of suspicion alexia's jeff ski's got the story for us. france is already no stranger to qatari dollars fans of parisian football club present your man cannot believe their luck ever since middle east and shakes invested into the team they've bought world class players and hired a top coach now this small business owner hopes he can also have a slice of the pie and huge economic crisis financing from governments are....
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Dec 18, 2012
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. >> let's bring in jeff, cnbc contributor. you're a bond guy at the cme. is this a bond bubble and are we coming out of it? >> we talked a couple weeks ago on "power lunch" how we're poised to see the long end of the curve. we had confirmation when ben bernanke said they were going to focus the purchase on the belly of the curve. that's what we call it in the pits. four to six year. right now we certainly have seen a big move in the ten-year. looking at the 30 year, should see a rise in the 30 year. at the end of the day people comfortable out of washington, the bond, long end of the curve, people are selling. >> thanks so much. we'll be back with you in a little bit. sue. >> bob pisani showed us the home builder stocks. one of the reason they are moving, there was good news for the economy. home builder sentiment moving to strongest level since april '06. national association of home builders rose to 47 from a revised 45 in november. keep in mind despite eight months of gains, the confidence index still remains below that key reading of 50. but it has bee
. >> let's bring in jeff, cnbc contributor. you're a bond guy at the cme. is this a bond bubble and are we coming out of it? >> we talked a couple weeks ago on "power lunch" how we're poised to see the long end of the curve. we had confirmation when ben bernanke said they were going to focus the purchase on the belly of the curve. that's what we call it in the pits. four to six year. right now we certainly have seen a big move in the ten-year. looking at the 30 year,...
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jeff: metal all over the place. metals traders don't know how to take it much better than expected employment report. this morning. initially we saw gold and silver selling off into the number as the dollar rallied and bonds really took a tank and people said the u.s. is doing good but europe is not doing very good and we are concerned about that so what you saw is a shift in the marketplace. the u.s. is the place to be. kris cox little bit, rest on, but middle-class coming back. four of them expected, consumer confidence number of big drop in december. that took that awful little bit but if you look at the technical, they went below the 100 day moving average and hanging above it and back above it. the traders say maybe of the market doesn't break we could make another good move to the upside. this number there, the other metal is copper. copper has been the one metal that has been staying very strong. a lot of hope for a chinese demand on top of more stimulus in china. supply deficit on that market and it sure hel
jeff: metal all over the place. metals traders don't know how to take it much better than expected employment report. this morning. initially we saw gold and silver selling off into the number as the dollar rallied and bonds really took a tank and people said the u.s. is doing good but europe is not doing very good and we are concerned about that so what you saw is a shift in the marketplace. the u.s. is the place to be. kris cox little bit, rest on, but middle-class coming back. four of them...
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Dec 26, 2012
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jeff, what's going on with oil and line lumber? >> well, true, you know, the numbers really inching up in lumber as well. i'm in the lumber pit. trading concluded, but this is a small pit, six or seven or eight guys in here, and i say "guys," because they are usually guys. the lumber numbers, up 3.5% today, and lumber's traded in board feet, the contract, you know, what's a board foot, by the way, a foot that doesn't have anything to do. no, a board foot is a one foot length of lumber that's one foot wide and one inch thick. up $15, a thousand board feet here today, but the biggest mover in terms of volume is oil, as you pointed out, a big move for oil today, wti up -- the most it's been to the highest level in two months, the last number i had was up over -- almost $891 -- $91 a barrel, 2.5% for the day. the middle east, traders, not so much fiscal cliff optimism, nobody has optimism on that, but stuff from the middle east as guests earlier pointed out. a terror cell foiled, and that's not a foiled, even though it was foiled by th
jeff, what's going on with oil and line lumber? >> well, true, you know, the numbers really inching up in lumber as well. i'm in the lumber pit. trading concluded, but this is a small pit, six or seven or eight guys in here, and i say "guys," because they are usually guys. the lumber numbers, up 3.5% today, and lumber's traded in board feet, the contract, you know, what's a board foot, by the way, a foot that doesn't have anything to do. no, a board foot is a one foot length of...
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Dec 10, 2012
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jeff flock in the pits of this cme with the very latest. jeff: coffer of about 1% today. positive news out of china. coffee is down. way down. the number of coffee beans is up. that means prices are down. scott shelby trades a lot. >> not really. deflation may be coming on board and set of inflation. it is something japan has been stuck on for years. jeff: the big markets are not moving. >> when the government tells you lower longer, we may not all put our purchases off for next year. our economy still is not doing very well. we have the inflationary rather than inflationary. jeff: scott will walk slowly, by the way, he fell down the stairs and he is concerned about the economy falling down the stairs. >> even if there is a deal, ultimately, that will not get jobs going. we are growing a little bit. central bankers cannot stand deflation. they have been fighting inflation for years. jeff: i will leave you with the price of gold. you think gold is done. >> it will be cheaper next year. it will start to get people to sit on their hands rather than them out there. the only t
jeff flock in the pits of this cme with the very latest. jeff: coffer of about 1% today. positive news out of china. coffee is down. way down. the number of coffee beans is up. that means prices are down. scott shelby trades a lot. >> not really. deflation may be coming on board and set of inflation. it is something japan has been stuck on for years. jeff: the big markets are not moving. >> when the government tells you lower longer, we may not all put our purchases off for next...
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Dec 3, 2012
12/12
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." >> jeff: good evening, i'm jeff glor. they are the storms that don't seem to quit. torrential rains and powerful winds sweeping across northern california one more time. thousands are without power. and rising floodwaters are threatening many more. still it could have been much worse. carter evans is in sonoma tonight. >> reporter: this was the last punch in a weather system that's been pounding california for five days. and it was supposed to be the worst. the rains came with a vengence, high winds uprooted trees and overturned trucks near san francisco. to the east colder temperatures turned heavy rain into snow, saving the mountain town of truckee from the predicted flooding. california's wine country had also braced for the worst. >> the water was coming very fast and furious but the cole vert system that we've created was able to take that extra water and get it safely through town with jill techel says her town has spent more than $250 million over 20 years to protect the flood-prone city. for this storm it worked. >> that whole area of town would have been cl
." >> jeff: good evening, i'm jeff glor. they are the storms that don't seem to quit. torrential rains and powerful winds sweeping across northern california one more time. thousands are without power. and rising floodwaters are threatening many more. still it could have been much worse. carter evans is in sonoma tonight. >> reporter: this was the last punch in a weather system that's been pounding california for five days. and it was supposed to be the worst. the rains came...
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Dec 5, 2012
12/12
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jeff is a u.s. army sergeant that served in afghanistan. he says aris shouldn't be with her mother because lynn has a drinking problem. >> personally i don't think that somebody with an issue, an alcohol issue like that, can take care of a child. you know, definitely on their own. >> reporter: as evidenced jeff points to this 2010 police video where lynn was charged with disorderly conduct. but lynn says it was an isolated incident after a night out. >> i had too much to drink, and i apologized to the court, you know, when i was taken to court. that's no reflection on me as a mother. i wasn't drunk in charge of my child. >> reporter: it's a classic he-said-she-said. >> i believe he set me up. >> reporter: lynn accuses jeff of unwanted controlling behavior, including a plot to get her deported. >> he called the police on me on the 24th of december, christmas eve, and i was removed from the house. i was taken to jail. >> reporter: something jeff denies. >> how could i get her deported? how is that even possible? >> reporter: telling a totally
jeff is a u.s. army sergeant that served in afghanistan. he says aris shouldn't be with her mother because lynn has a drinking problem. >> personally i don't think that somebody with an issue, an alcohol issue like that, can take care of a child. you know, definitely on their own. >> reporter: as evidenced jeff points to this 2010 police video where lynn was charged with disorderly conduct. but lynn says it was an isolated incident after a night out. >> i had too much to...
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Dec 23, 2012
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kron four's jeff bush is live in concord >> jeff, wow! that looks amazing. >> we are on the crest would circle and they are hoping to win $100,000 for the amount school district. jason and deseree branscom heard about the competition and decided to go for it. they are trying to win $100 grand from deckthehouse.patch.com (electronic singing voice) it's the most wonderful time >> reporter: of the year. the branscum home is one of 25 other homes in the nationwide contest for most decked house of this year. >> ofthere's a lot of competition and we're hoping that concord can pull through. there's 25 nice houses on the site but concord, that's our area so we're hoping for the best. >> reporter: they have more santas than you can shake a stick at and just about every other christmas decoration you can imagine. >> we got about 12 blowups and about 25 different sleighsabout eight different christmas trees. jason and >> reporter: jason and deseree say they are doing it for the school district because they know the money can be put to good use.the w
kron four's jeff bush is live in concord >> jeff, wow! that looks amazing. >> we are on the crest would circle and they are hoping to win $100,000 for the amount school district. jason and deseree branscom heard about the competition and decided to go for it. they are trying to win $100 grand from deckthehouse.patch.com (electronic singing voice) it's the most wonderful time >> reporter: of the year. the branscum home is one of 25 other homes in the nationwide contest for most...
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Dec 28, 2012
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good morning. >> reporter: good morning, rebecca and jeff. in just a couple of hours at the white house the president meets with all the key congressional leaders, top democrats harry reid and nancy pelosi leading republicans mitch mcconnell and john boehner. no deal can be reached in past without their cooperation. with the meeting comes a glimmer of hope. in the past all the ifisical cliff talks meetings like this have been the least productive of all. whether he meant to or not the senate majority leader may have spoken for a nation exhausted by seemingly endless fiscal cliff negotiations. >> what's going on here? >> reporter: what indeed. president obama returned to the white house in a grim mood. he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff, talks continue between senior white house and congressional staff, but that's been true throughout this entire saga. with the deadline looming there were dire predictions. >> come the first of this year americans will have less income than they hav
good morning. >> reporter: good morning, rebecca and jeff. in just a couple of hours at the white house the president meets with all the key congressional leaders, top democrats harry reid and nancy pelosi leading republicans mitch mcconnell and john boehner. no deal can be reached in past without their cooperation. with the meeting comes a glimmer of hope. in the past all the ifisical cliff talks meetings like this have been the least productive of all. whether he meant to or not the...
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Dec 7, 2012
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now, back to jeff. >> brown: and to egypt. within the last 24 hours the country has seen the worst violence since president mohamed morsi was elected in june. seven people were killed and more than 600 hurt during overnight clashes in cairo outside the presidential palace. we have a report from jonathan rugman of "independent television news." >> reporter: last year, they ousted a dictator. last night, they turned against one another. religious and secular egyptians fighting outside the palace of their first freely-elected president. after riot police gave up keeping the two warring sides apart. seven people were killed and hundreds were injured. both sides were armed with clubs, but eyewitnesses said the first gunfire came from president morsi's supporters. the president's opponents let off fireworks. but they say they won't back down until the president gives up sweeping new powers or resigns. this morning, the army moved in. not to mount a military coup, but to defend a president they would once have jailed for his politica
now, back to jeff. >> brown: and to egypt. within the last 24 hours the country has seen the worst violence since president mohamed morsi was elected in june. seven people were killed and more than 600 hurt during overnight clashes in cairo outside the presidential palace. we have a report from jonathan rugman of "independent television news." >> reporter: last year, they ousted a dictator. last night, they turned against one another. religious and secular egyptians...
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Dec 27, 2012
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jeff berardelli has the details. >>> our big east coast storm will continue throughout the day today but gradually winding down as we go into the afternoon and evening. things have been improving from south to north throughout the day, but the coastal areas are still receiving very heavy rain but the emphasis for snow will be further inland especially upstate new york and northern interior new england and eventually maine is going to be getting in on the act as well. that's where the winter storm warnings are in effect. and a notice they are not in effect along the i-95 corridor. again, that's where we're expecting it to mostly be in the form of rain like it has been throughout most of the day. additional snow as we go through the next 24 hours. you could see 12 inches or more where some of those areas are in purple, but, again, along the coast, we're talking 1 inch or less and this time around, again, it looks like it's mainly going to be just rain. i'm david bernard for cbs news, miami. >>> at least six deaths are blamed on the storm system in the southeast. the trouble with tornad
jeff berardelli has the details. >>> our big east coast storm will continue throughout the day today but gradually winding down as we go into the afternoon and evening. things have been improving from south to north throughout the day, but the coastal areas are still receiving very heavy rain but the emphasis for snow will be further inland especially upstate new york and northern interior new england and eventually maine is going to be getting in on the act as well. that's where the...
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Dec 3, 2012
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. >>> my krchlcnbc colleague jeff cutmore live overseas. this is good news at least in the short term, right? >> absolutely, brian. and a very good morning to you. good to see you anchoring the program this morning. the u.s. has such a strong lead in this area. it's hard to see how companies trying to find this shale gas elsewhere around the world are going to have the same kind of success. we've seen millions of wells drilled in the united states. we're just seeing in countries like poland pioneering one or two initial wells being drilled by companies like chevron. so the potential is out there. it's just going to take a whole lot longer to get it out of the ground and to the consumer. and a couple of real issues here. one is yes, we're way behind in terms of the program. i mean, countries like china may have the same reserves of gas as the u.s. has. but it's just going to take a whole lot longer getting to them. and the second one is a lot of these countries don't have the same distribution infrastructure in place unlike the united states
. >>> my krchlcnbc colleague jeff cutmore live overseas. this is good news at least in the short term, right? >> absolutely, brian. and a very good morning to you. good to see you anchoring the program this morning. the u.s. has such a strong lead in this area. it's hard to see how companies trying to find this shale gas elsewhere around the world are going to have the same kind of success. we've seen millions of wells drilled in the united states. we're just seeing in countries...
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Dec 21, 2012
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jeff, how can this market rally when there's still so much uncertainty out there? >> i am surprised the market held up as well as it did today, maria. it had every reason to be down four or 500 points. historically, the week after christmas it's up about 70% of the time with a little over a percent gain. and i think you're going to see that after tax selling gets over as of today. and in terms of the selling that we are seeing already, do you think it's partly because people are expecting capital gains and dividend taxes to go up regardless? >> yeah, i think that's right. there's still a chance for a solution to the fiscal cliff. washington tends to work on a last-minute basis. the fact that the republicans couldn't even get together and chose some kind of solidarity even though they knew the plan b wouldn't go through is disturbing. >> dean mackey, how do you see 2013? >> the positive thing right now sthot consumer spending was picking up in the fourth quarter. that was the message of today's data. business spending is also picking up. the problem, though, is that
jeff, how can this market rally when there's still so much uncertainty out there? >> i am surprised the market held up as well as it did today, maria. it had every reason to be down four or 500 points. historically, the week after christmas it's up about 70% of the time with a little over a percent gain. and i think you're going to see that after tax selling gets over as of today. and in terms of the selling that we are seeing already, do you think it's partly because people are expecting...
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Dec 16, 2012
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jeff gardiere, i know we're ohm getting the profile of this case. we're getting the fact that this 20-year-old killed his mother. then he went in and killed 26 people. and there we have it, including most of people 2020, the kids being from the ages of the fourth grade. from what i'm getting reported, mostly closer to kindergarten. what does that mean? it doesn't happen. it rarely happens. your thoughts? >> it does rarely happen. but i think what was going on here, the possibility that he could have killed himself, killed a person who was very close to him, his mother, maybe someplace else and killed everything that his mother believed in was education and nurturing children tells me that, yes, this is about extreme rage and also about severe mental illness to kill the most innocent parts of our society. bad enough the teachers and administrators, but to kill the children, this is a rage that i believe was filled by dilution, psychosis. he's at a age for possibly schizophrenia. went into that state, knew he wasn't going to come out of this alive and
jeff gardiere, i know we're ohm getting the profile of this case. we're getting the fact that this 20-year-old killed his mother. then he went in and killed 26 people. and there we have it, including most of people 2020, the kids being from the ages of the fourth grade. from what i'm getting reported, mostly closer to kindergarten. what does that mean? it doesn't happen. it rarely happens. your thoughts? >> it does rarely happen. but i think what was going on here, the possibility that he...
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Dec 13, 2012
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jeff is a rare combination of character: brilliant and humble. for jeff, it's about the work. not about his own ego, not about a monument to himself. for three decades in the u.s. senate, he has been making a difference for the american people and for our home state of new mexico. public service is a noble profession when it isn't swamped by money and when it isn't held hostage to partisanship, and jeff is the best example i know of of nobility and politics. by washington standards, jeff is a man of few words, and when he comes to this floor to speak, we listen. when i -- i frequently said when i'm back in new mexico, i said when i'm at my desk and senator bingaman rises on the floor and i see that he's speaking, i'll turn off the mute and i will listen to the television and i will listen to what he's saying. i'll stop what i'm doing because i know that he'll say something insightful, something worth knowing, something worth thinking about. when jeff came to the senate 30 years ago, this was a different place. there was a new president. there was a fierce battle of ideas, of i
jeff is a rare combination of character: brilliant and humble. for jeff, it's about the work. not about his own ego, not about a monument to himself. for three decades in the u.s. senate, he has been making a difference for the american people and for our home state of new mexico. public service is a noble profession when it isn't swamped by money and when it isn't held hostage to partisanship, and jeff is the best example i know of of nobility and politics. by washington standards, jeff is a...
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Dec 7, 2012
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jeff.... eleeeetary.. ut wood ll - investigators say he posed as a uidance counselor and a therapist..........parents saa... they trusted the man. man. pay they feel betrayed.... em - including one woman who sayss nowlin becaae her 11-year-old soo'ssmost trusted confidant during counseling sessions. she says nowlin diagnosed her
jeff.... eleeeetary.. ut wood ll - investigators say he posed as a uidance counselor and a therapist..........parents saa... they trusted the man. man. pay they feel betrayed.... em - including one woman who sayss nowlin becaae her 11-year-old soo'ssmost trusted confidant during counseling sessions. she says nowlin diagnosed her
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Dec 9, 2012
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>> jeff: tonight the battle for syria, as rebel forces continue their advance on damascus high level diplomats say the conflict is getting worse amid claims al qaeda fighters in the country are getting smarter. david martin at the pentagon with the latest. >> with the fiscal cliff looming the future of many small businesses is up in the air. randall pinkston heads up the cost of uncertainty for one owner. >> a therapy already used with adults shows promise in treating children with advanced leukemia. this young girl shares her experience. >> and holiday return. >> it's my pleasure to return this to you. >> jeff: tony guida watches as a famous hotel welcomes back long missing items, no questions asked. >> this is the captioning sponsored by cbs this is the "cbs evening news." >> good evening, everyone, i'm jeff glor. syrian rebels tonight are ramping up their adult-- assault on damascus and a legalo the country's largest city. the u.n. peace envoy met with u.n. and russian diplomats trying to broker a cease-fire. at the same time there is growing concern tonight over al qaeda's influe
>> jeff: tonight the battle for syria, as rebel forces continue their advance on damascus high level diplomats say the conflict is getting worse amid claims al qaeda fighters in the country are getting smarter. david martin at the pentagon with the latest. >> with the fiscal cliff looming the future of many small businesses is up in the air. randall pinkston heads up the cost of uncertainty for one owner. >> a therapy already used with adults shows promise in treating children...
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Dec 26, 2012
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that's when you could see it approach $20 a share. >> what are your banking picks, jeff? who do you like? >> i think over time b of a works but for new money being brought in i'd rather look at citigroup where you haven't had quite the run but have the capital return and the international story and like the capital market numbers, too, morgan stanley or goldman sachs, if we can get any relief, a lot of activity in the markets and those stocks could do well. >> we are tracking euclid, this powerful pinter storm. could inflict some major damage. we'll check in with our friends at the weather channel coming up next. >>> plus, a wear of retail analysts weigh in on the storm's impact of retail's bottom line. >>> and a little bit later on former pennsylvania governor ed rendell is going to be showing us to find out what the co-chair of the fix the debt commission has to say now that we're just five days from going over. >>> and before hitting the break, here's a message from the head of a pennsylvania company to our nation's lawmakers in washington. >>> my name is richard phill
that's when you could see it approach $20 a share. >> what are your banking picks, jeff? who do you like? >> i think over time b of a works but for new money being brought in i'd rather look at citigroup where you haven't had quite the run but have the capital return and the international story and like the capital market numbers, too, morgan stanley or goldman sachs, if we can get any relief, a lot of activity in the markets and those stocks could do well. >> we are tracking...
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Dec 28, 2012
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i'm jeff glor. five days before the fiscal deadline, there is plenty of name calling but little evidence there is late word of a meeting tomorrow between president obama and congressional leaders. the full senate reconvened today. the president ended his vacation in hawaii early, flying back to washington this morning. but he made no public statements. if there is no deal on a budget by new year's day, nearly every american will see a tax increase. we have two reports on the stalemate, beginning with nancy cordes on capitol hill. nancy. >> reporter: jeff, democratic aides tell cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets assurances from republican leaders that they won't try to block it. that standoff is creating some tension on capitol hill that spilled on to the senate floor today. >> the senate will come to order. >> reporter: in the normally genteel senate, leader reid unleashed a tirade today about house
i'm jeff glor. five days before the fiscal deadline, there is plenty of name calling but little evidence there is late word of a meeting tomorrow between president obama and congressional leaders. the full senate reconvened today. the president ended his vacation in hawaii early, flying back to washington this morning. but he made no public statements. if there is no deal on a budget by new year's day, nearly every american will see a tax increase. we have two reports on the stalemate,...